Fri, September 25

Are Bitcoin Bears Eyeing New Lows Below $90K?

The bear trap holds strong while the Bitcoin market continues to slide. The price chart illustrates an intense downtrend after a sharp retreat from a high of $102K to consolidate around the $94K mark.  Over the past few days, BTC prices have undergone heavy fluctuations. The crucial resistance levels of

January 11, 2025 2 mins read

US Job Growth Beats Forecasts, Bitcoin Faces Pressure

The most recent figures for nonfarm payrolls reveal that the US employment rate surged in December. At the same time, the unemployment rate was lower than anticipated. Bitcoin and the cryptocurrency market as a whole may be greatly affected by these macroeconomic statistics. Despite predictions of 160,000, the actual rise

January 10, 2025 2 mins read

Bitcoin investors withdraw as BTC drops 2.3% while Bitcoin tops 2024 ETF inflows

The market trends of cryptocurrency and ETF market in late 2024 was quite volatile due to a great change in attitude of investors along with the changing condition of market. Bitcoin was relatively volatile and largely affected the trend. Bitcoin Volatility and Outflows In January 2025, Bitcoin fell below the

January 9, 2025 2 mins read

Bitcoin Tumbles Below $95K as Market Faces $700M Liquidations

Bitcoin has dropped below $95,000, down 6.05% in 24 hours. The current price sits at $94,661.27, while the market cap has fallen to $1.87 trillion. Trading volume surged by 38.90% to $67.21 billion, reflecting heightened activity amid the selloff. Bitcoin’s market cap ratio remains at 3.52%, with a total supply

January 8, 2025 2 mins read

U.S. Spot Bitcoin ETFs See Record Inflows of Nearly $1 Billion

Bitcoin (BTC) has surged past the $100,000 mark again, driven by significant institutional purchases from U.S. Spot Bitcoin ETFs. The influx of nearly $1 billion over Friday and Monday has helped Bitcoin maintain its upward momentum.  This robust buying trend suggests strong institutional confidence in the flagship cryptocurrency, even as

January 7, 2025 2 mins read

Michael Saylor Proposes Burning Bitcoin Keys

Saylor’s Proposal to Burn Bitcoin Keys Michael Saylor, the chairman of MicroStrategy and a proponent of Bitcoin, proposed an idea to burn the private keys of Bitcoin. According to Saylor, this would contribute to the scarcity of Bitcoin and benefit the global community of Bitcoin holders by increasing the value

January 5, 2025 3 mins read

Bitcoin Could Breach $150,000 in 2025, Says Satoshi Action Fund CEO

Bitcoin started the new year with a slow recovery as its price witnessed around 2% rise in the last 24 hours. After plunging to around $91K price range by the end of 2024, it has now entered the $95K zone, reaffirming predictions behind the larger 2025 bull run.  The after

January 2, 2025 2 mins read

MicroStrategy Doubles Down on Bitcoin with $209M Purchase

The recent decline in Bitcoin’s price has intensified investor anxiety on the future of the flagship cryptocurrency. Plus, the leading altcoins tend to mimic Bitcoin’s price movements, so it added gasoline to the fire of conjecture about the future of the whole crypto market. Nonetheless, Matrixport has pointed to BTC’s

December 30, 2024 2 mins read

Bitcoin (BTC) Slides to $93K Amid Strong Selling Pressure

Bitcoin’s price dipped below $94,000, currently trading at $93,834.39. The cryptocurrency faced a sharp decline from its all-time high of $108,364 on December 17 to $92,118, signalling strong selling pressure in recent days. The market remains volatile as traders react to heightened market uncertainty. The market cap of bitcoin has

December 30, 2024 2 mins read